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john boehner and president obama and nancy pill low city blamed the republicans. >> we had a serious proposal based on president clinton's chief of staff. there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell
john boehner and president obama and nancy pill low city blamed the republicans. >> we had a serious proposal based on president clinton's chief of staff. there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in...
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president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at high volume lots. it would cap the increases to $3 a day. currently commuters shell out a dollar. west oakland costs five. bart makes 15 million dollars a year in parking fees, an increase could mean extra five million dollars annually. >>> muni offering riders a holiday gift, free rides only good on december 28th, the 100th anniversary of the agency. transportation officials say lost revenue
president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature...
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Dec 7, 2012
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. >>> president obama visited a family in virginia who had written to him about the issue. the president said he was encouraged that republicans agonologied the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending. finance filings released today show the cost of the race surpassed $2 billion. they include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus.
. >>> president obama visited a family in virginia who had written to him about the issue. the president said he was encouraged that republicans agonologied the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of...
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Dec 7, 2012
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. >>> president obama visited a family in virginia who had written to him about the issue. the president said he was encouraged that republicans agonologied the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending. finance filings released today show the cost of the race surpassed $2 billion. they include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus.
. >>> president obama visited a family in virginia who had written to him about the issue. the president said he was encouraged that republicans agonologied the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of...
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Dec 7, 2012
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meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new survey shows the president's approval rating is at the highest point since the raid that killed osama bin laden. in addition, 42% believe the nation is heading in the right direction. >>> 6:10, a tycoon wanted for murder, how john mcafee ended up in the hospital. >>> a van plows into a jewelry store, narrowly missing the customer, what the driver says caused her to lose control. >> last going on, i had a former student give birth in the car. >> how about that, a lesson they never expected how teachers stepped in to deliver a baby in a school parking lot. we got that story and much more when we come back. ,,,
meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new...
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Dec 7, 2012
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his republican challenger mitt romney was close behind. $1.1billion. now the record setting amounts don't include the hundreds of millions sent by super packs on ads. >>> it was called the zombie apocalypse. why this simulation at a homeland security area is being called a waste of taxpayer money. >>> mountain view police need your help identifying a woman suspected of stealing thousands of dollars from other people's bank accounts. they released surveillance photos which were taken in september. investigators say the woman is in impersonating a customer at a wells fargo bank. according to police she made unauthorized withdrawals totaling $20,000. now take a look. if you recognize her please call mountain view police. >>> time is 5:16. just when labor negotiations were looking up, all hope for saving the nhl season right foul looks like it's lost. negotiations in new york broke down last night. the nhl took almost everything it had proposed right off the table. it also turned down the latest proposal by the nhl players. now the season is really in dang
his republican challenger mitt romney was close behind. $1.1billion. now the record setting amounts don't include the hundreds of millions sent by super packs on ads. >>> it was called the zombie apocalypse. why this simulation at a homeland security area is being called a waste of taxpayer money. >>> mountain view police need your help identifying a woman suspected of stealing thousands of dollars from other people's bank accounts. they released surveillance photos which were...
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Dec 7, 2012
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either way, the republican house would be neutered, giving obama a free hand to dominate washington and fashion the entitlement state of his liking. what should republicans do? stop giving stuff away. if obama remains intransigent, let him be the one to take us over the cliff, and then let the new house, which is sworn in weeks before the president, immediately introduce and pass a full across-the-board restoration of the george w. bush tax cuts. >> so i don't think that's inconsistent with anything that i just said. i agree with him 100%. what have i been saying for a week? do not cave. compromise. do not cave. if the president doesn't want to meet us halfway on massive entitlement cuts, on reforming those systems to save medicare and medicaid, social security, cutting defense, reforming the taxes, then do not meet -- if he doesn't want to meet halfway, but i've got to tell you, i am heartened with what i saw in the president's tone yesterday. i loved hearing him tell a group of americans yesterday, hey, we're going to get this thing done. i feel good about it. i love that he agreed to
either way, the republican house would be neutered, giving obama a free hand to dominate washington and fashion the entitlement state of his liking. what should republicans do? stop giving stuff away. if obama remains intransigent, let him be the one to take us over the cliff, and then let the new house, which is sworn in weeks before the president, immediately introduce and pass a full across-the-board restoration of the george w. bush tax cuts. >> so i don't think that's inconsistent...